Yum China Holdings, Inc. (NYSE:YUMC) Position Reduced by Okabena Investment Services Inc.

Okabena Investment Services Inc. lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,777 shares of the company’s stock after selling 7,268 shares during the quarter. Okabena Investment Services Inc.’s holdings in Yum China were worth $2,398,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Kentucky Trust Co acquired a new stake in shares of Yum China in the fourth quarter valued at $29,000. Graney & King LLC acquired a new position in Yum China during the fourth quarter valued at $39,000. EverSource Wealth Advisors LLC lifted its position in shares of Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after purchasing an additional 324 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Yum China by 33.5% during the fourth quarter. Brown Brothers Harriman & Co. now owns 1,735 shares of the company’s stock valued at $84,000 after purchasing an additional 435 shares in the last quarter. Finally, Signaturefd LLC increased its stake in Yum China by 32.7% in the 4th quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock valued at $88,000 after buying an additional 450 shares during the period. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Trading Down 2.4 %

Shares of NYSE YUMC opened at $51.89 on Friday. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 1.72 and a beta of 0.35. The business has a 50 day simple moving average of $48.71 and a 200 day simple moving average of $46.55. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99.

Yum China (NYSE:YUMC) last posted its earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.24 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.85%. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s payout ratio is currently 41.20%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.

Insider Transactions at Yum China

In other Yum China news, CTO Leila Zhang sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares of the company’s stock, valued at $2,634,474.25. This represents a 7.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, the insider now owns 56,602 shares of the company’s stock, valued at $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,152 shares of company stock worth $2,242,176. 0.30% of the stock is owned by corporate insiders.

Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.